Sign an MoU for 200,000 tonne facility at Jamnagar. |
Reliance Industries today announced that it will set up a chemical plant at Jamnagar in Gujarat in partnership with US-based Rohm and Haas Co, the world’s biggest producer of acrylic-paint ingredients. |
The companies have signed a memorandum of understanding for a plant with a capacity to produce 200,000 tonnes of acrylic acid annually. |
Products from the new plant would be used to make paints, packaging adhesives, detergents, and textile and construction materials, Reliance said in a statement to the exchanges. |
Industry sources said the decision to collaborate with Rohm and Haas meant Reliance would not acquire the commodities business of Dow Chemicals. Read more at Business Standard |
Friday, March 23, 2007
RIL, Rohm to set up chemical unit
Labels: DOW Chemicals, Hass, MoU, RIL, Rohm